Aberdeen’s alternatives assets under management (AUM) grew by around £3.6bn in the third quarter (July to September) of this year.
In its quarterly results, the firm said total alternative investment solutions AUM rose from £27.9bn at the start of July to £31.5bn by the end of September.
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The firm also said its overall net outflows were 49 per cent lower than Q3 last year at £1.8bn, with the improvement largely driven by alternatives as well as fixed income.
“In investments, AUM has benefited from positive markets as well as net inflows in quants, alternatives and our targeted growth areas of fixed income and real assets,” said chief executive Jason Windsor.
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The quarterly surge in alternatives AUM followed slower growth earlier in the year, with alts AUM growing from £27.6bn to £27.9bn between January and July, the Q3 results show.
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